BOUYGUES CONSTRUCTION · guaranteeing top quality service. Bouygues Construction is one of the...

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Corporate presentation - Updated September 2011 1 BOUYGUES CONSTRUCTION Corporate presentation Updated September 2011

Transcript of BOUYGUES CONSTRUCTION · guaranteeing top quality service. Bouygues Construction is one of the...

Corporate presentation - Updated September 2011 1

BOUYGUES CONSTRUCTION

Corporate presentation

Updated September 2011

Corporate presentation - Updated September 2011 2

Corporate presentation - Updated September 2011 3

Contents

I. GROUP PRESENTATION 4

1/ Introduction: profile

2/ Simplified organisation chart

3/ Board of Directors

4/ General Management Committee

5/ International presence

II. FINANCIAL RESULTS 7

III. STRATEGY 9

1/ International

2/ Energy and services

3/ High value-added projects

4/ Sustainable construction

IV. AREAS OF EXPERTISE 10

1/ Public-private partnerships and infrastructure concessions

2/ Project development

3/ Skyscrapers

4/ Tunnels

5/ Healthcare sector

6/ Luxury hotel sector

7/ Nuclear sector

V. RESEARCH & DEVELOPMENT / INNOVATION 12

1/ An annual cycle

2/ Achievements and strategy

VI. SUSTAINABLE DEVELOPMENT 13

1/ Seven key themes

2/ A commitment to our customers and partners

3/ Social commitment

4/ Pro-environmental commitment

5/ Bouygues Construction and sustainable construction

6/ The Terre Plurielle corporate foundation

VII. HIRING AND RETAINING PERSONNEL 15

1/ Hiring

2/ Remuneration

3/ Training

VIII. KEY ONGOING PROJECTS 19

IX. SOME PRESTIGIOUS PROJECTS 30

X. BOUYGUES CONSTRUCTION ENTITIES 42

1/ Bouygues Bâtiment Ile-de-France

2/ Bouygues Entreprises France-Europe

3/ Bouygues Bâtiment International

4/ Bouygues Travaux Publics

5/ VSL

6/ DTP Terrassement

7/ Concessions division

8/ ETDE (Energy and services division)

XI. PRESS CONTACTS 46

Corporate presentation - Updated September 2011 4

I- Group presentation

1/ Introduction: profile

Bouygues Construction is a global player in the building, civil works, energy and services markets. Operating on every continent, it has recognised expertise at every stage of a project, from financing and design to construction, operation and maintenance. Its 54,000 employees develop effective and innovative solutions to carry out projects that enhance quality of life for all, building hospitals, schools, housing, stadiums, transport infrastructure and installing high-speed networks and street lighting.

Bouygues Construction places social, societal and environmental challenges at the heart of its development strategy, with the aim of leading the way in sustainable construction. The Group employs some 54,100 people throughout the world (22,900 of them in France and 31,200 in other countries), and recorded sales of 9.2 billion euros in 2010.

2/ Simplified organisation chart

3/ Members of the Board of Directors (as at 28 February 2011)

YVES GABRIEL Board member, Chairman and Chief Executive Officer of Bouygues Construction

PASCAL GRANGÉ Board member and Deputy Chief Executive Officer

OLIVIER BOUYGUES Board member and Deputy Chief Executive Officer of Bouygues SA

JEAN-FRANÇOIS GUILLEMIN Board member and Corporate Secretary of Bouygues SA

GILLES ZANCANARO Board member and Corporate Director of Accounting IT and Finance of Bouygues SA

Bouygues represented by PHILIPPE MARIEN, Board member and Chief Financial Officer of

Bouygues SA

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4/ General Management Committee

PASCAL GRANGE Deputy Chief Executive Officer

BENOIT DE RUFFRAY Deputy Chief Executive Officer, Bouygues Bâtiment International

PHILIPPE BONNAVE Deputy Chief Executive Officer, CEO, Bouygues Entreprises France-Europe

DANIEL RIGOUT Chief Executive Officer, Specialist Civil Works division

CHRISTIAN GAZAIGNES Chief Executive Officer, Bouygues Travaux Publics

PHILIPPE FABIE Chairman and CEO, Bouygues Bâtiment Ile-de-France

PHILIPPE AMEQUIN Deputy Chief Executive Officer, Bouygues Travaux Publics

JEAN-PHILIPPE TRIN Chairman and CEO, ETDE

CHARLES PARADIS Chief Executive Officer, Concessions division

JEAN-MARC KIVIATKOWSKI General Counsel and Internal Control Director

OLIVIER-MARIE RACINE Deputy Chief Executive Officer Chairman and CEO, Bouygues Bâtiment International

JEAN-MANUEL SOUSSAN Human Resources Director

YVES GABRIEL Chairman and Chief

Executive Officer

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5/ International operations With numerous prestigious references on every continent, the Group operates in roughly sixty countries, either through sustained business carried out by local subsidiaries or on a one-off basis to carry out complex major projects. It is particularly active in Western and Eastern Europe, Asia, Africa and the Caribbean. In 2010, Bouygues Construction recorded 45% of its sales outside France. 31,200 of its employees work outside France.

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II- Financial results

Sales

(million euros) SALES OF WHICH

INTERNATIONAL

2010 9,235 4,130

2009 9,546 4,190

2008 9,497 4,113

2007 8,340 3,399

2006 6,923 2,655

2005 6,131 2,478

2004 5,512 2,276

The receipts of the Concessions division (€309 million in 2010) are to be added to the above sales.

Each entity’s contribution to sales

(million euros) 2010 SALES % OF TOTAL

Bouygues Bâtiment Ile-de-France 1,943 21 %

Bouygues Entreprises France-Europe 2,496 27 %

Bouygues Bâtiment International 1,625 17 %

Bouygues Travaux Publics 1,076 12 %

VSL 269 3 %

DTP Terrassement 276 3 %

ETDE 1,547 17 %

Total (holding included) 9,235 100 %

Orders booked as at the end of 2010 stood at a record level of 14.2 billion euros, an 18% improvement on the previous year’s figure (12 billion euros). Sales in 2010 fell slightly to 9.2 billion euros, following six consecutive years of growth.

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Geographic breakdown of sales In 2010, Bouygues Construction recorded a total of 4.1 billion euros of sales outside France, equivalent to 45%.

France 55 %

Western Europe 16 %

Eastern Europe 4 %

Africa – Middle East 9 %

Asia – Pacific 13 %

Americas – Caribbean 3 %

Operating profit 2010 315 million euros

Net profit, Group share 2010 201 million euros

+

For further information on Bouygues Construction’s

financial data, download our 2010 Financial Report: http://www.bouygues-

construction.com/23i/groupe/publications.html

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III- Strategy In all its businesses in France and abroad (building, civil works, energy and services), Bouygues Construction increasingly operates within the framework of end-to-end contracts (public-private partnerships or concessions), which allow it to deliver high added value. These involve finance, design, construction and facilities management (operation and maintenance). In all types of projects, sustainable construction constitutes a factor of differentiation in the Group’s offer.

1/ The development of international business Bouygues Construction has a very broad international footprint, with operations in roughly sixty countries, which enables it to avoid being dependent on the cycles of the French market alone. Bouygues Construction operates on a long-term basis through local subsidiaries and integrates acquisitions, especially in Europe, where countries that have recently joined the EU have considerable infrastructure needs. The Group has subsidiaries in a number of European countries, giving it a good knowledge of local issues and ensuring that it operates in close proximity to its customers. In countries where it has not established a base, Bouygues Construction conducts an opportunistic strategy by positioning itself on major projects with high added value.

2/ Energy and services Energy and services businesses, operated by ETDE, enable Bouygues Construction to design comprehensive solutions for its customers. They provide the Group with complementary business cycles and generate recurring long-term revenue. The group is also strengthening its positions in high-technology segments such as optical fibre and data centres.

3/ High value-added projects Bouygues Construction has developed high-level expertise in public-private partnerships (PPPs) and concessions, both in France and elsewhere. PPPs enable a public authority (the state, a local government agency, etc.) to call in a private-sector partner to finance, design, build, operate and maintain a project in return for a rent. The term “concession” is used when the payment is collected directly from the user. The partner is thus remunerated over the long term. Advantages for the customer include being able to deal with a single organisation, maintaining mastery of overall costs, reducing construction time and contractually guaranteeing top quality service. Bouygues Construction is one of the leading players in these kind of contracts, thanks to its multi-disciplinary project teams and its expertise in financial engineering. On the basis of the contracts it has won and the bids it has submitted for major projects, the Group enjoys healthy prospects in this business. In the property development segment, it can draw on a network of specialist firms in France (Sodéarif et Cirmad) and around Europe and on specific investment funds, especially for low-energy and high environmental quality buildings. In the short term, all projects will be designed to comply with these standards.

4/ Sustainable construction Sustainable construction is a strategic priority for all the Group’s entities, which offer customers solutions to improve the environmental performance of buildings and structures throughout their entire life cycle. This approach is gradually broadening out to the scale of the neighbourhood or the city, taking account of personal travel, water and waste management, energy and services.

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IV- Areas of expertise The complementary nature of the know-how present in its network of companies and functional departments allows the Group to play a key role in the four main stages of the value-creation chain (design, financing, construction and operation). It is positioned as one of the world’s leading players in certain types of projects (skyscrapers, tunnels, hospitals, luxury hotels and nuclear power plants).

1/ Public-private partnerships and infrastructure concessions Bouygues Construction has developed acknowledged expertise in PPP operations, thanks largely to a considerable number of PFI (Private Finance Initiative) contracts won in the United Kingdom in the past ten years. The Group’s ability to direct design-build projects and its expert legal law and financial engineering skills, along with its full-service offer, particularly in the field of facilities management once the building or structure has been handed over, combine to make it one of the world’s pre-eminent players in contracts of this type. The main projects under construction or recently handed over include: the French Ministry of Defence at Balard, the Gautrain rail link (South Africa), the Masan Bay bridge and Busan port (South Korea), the A41 and A28 motorways (France), prison complexes (France), the Bourgoin-Jallieu hospital (France), Highway 2000 (Jamaica), the Istria motorway (Croatia) and Broomfield hospital (United Kingdom), etc.

2/ Project development Bouygues Construction puts together property, financial and legal packages for all types of public and private construction projects (office blocks, social housing, industrial premises, public amenities, transport infrastructures, etc.). The Group also provides a wide range of services in the form of multi-year contracts. The main projects under construction or recently handed over include: police stations and gendarmerie headquarters (including Voiron, Meyzieu and Montereau-Fault-Yonne), Hôtel de la Villette (Paris) and the Porte des Poissonniers development (Paris), etc.

3/ Skyscrapers A leading player in skyscraper construction for more than 30 years, Bouygues Construction has acquired highly specialised expertise in these types of projects. After building a number of towers in Paris-La Défense, the Group has been involved in several other major projects, particularly in some of the world’s most prestigious international business districts. The main projects under construction or recently handed over include: Vista Tower (Paris-La Défense), T1 Tower (Paris-La Défense), First Tower (Paris-La Défense), Oxygène Tower (Lyon), QP District (Qatar), Sail@Marina Bay Towers (Singapore), Prime Tower (Switzerland) and the International Waterfront (Trinidad and Tobago), etc.

4/ Tunnels Bouygues Construction has been involved in a considerable number of tunnel projects. In China, the Group recently constructed the world’s widest tunnels (15.43 m), breaking its own world record for tunnel width, set in 2005 in the Netherlands (a tunnel on the Brussels to Rotterdam and Amsterdam rail link). The Group constantly innovates in this field; it has patented a number of technologies, including the Timby process, which can be used to construct a tunnel on the seabed. The main projects under construction or recently handed over include: tunnels for the A41 motorway (France), Port of Miami tunnel, Chong Ming tunnels (China) and the New Tyne Crossing in Newcastle (United Kingdom),etc.

5/ Healthcare sector

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The healthcare sector presents genuine commercial opportunities, and allows Bouygues Construction to carry out developments of very great complexity. These demanding, technical projects give the Group the opportunity to deliver its know-how by combining a range of internal skills. The main projects under construction or recently handed over include the Bourgoin-Jallieu, Amiens, Calais, Toulouse, Caen, Vesoul and Estaing (Clermont-Ferrand) hospitals in France and the West Middlesex, Central Middlesex and Broomfield hospitals in the United Kingdom, etc.

6/ Luxury hotel sector Bouygues Construction has acquired substantial expertise in building and renovating luxury hotels. The Group has many prestigious references in France to its credit (including the renovation of the majority of luxury hotels in Paris), along with a significant number of luxury hotel complexes in other countries, especially in the Caribbean (Cuba, Turks and Caicos), Russia and the United Arab Emirates. The main projects under construction or recently handed over include: George V (Paris), Fouquet's Barrière (Paris), Shangri-La (Paris), Royal Monceau (Paris), several luxury hotel complexes (Cuba), Hyatt (Ekaterinburg, Russia) and Ritz-Carlton (Dubai, United Arab Emirates), Royal Mansour (Morocco), etc.

7/ Nuclear sector With a number of major references in French nuclear facilities (Flamanville 1 and 2, Chooz, Haut Bugey, Saint Alban, Laser Mégajoule, etc.) and some flagship projects currently under way, Bouygues Construction is a prominent player in building and decommissioning nuclear power plants in France and other countries. The Group is in the process of carrying out the civil works for the world’s first two EPR (European Pressurized Reactor) plants, at Olkiluoto (Finland) and Flamanville (France). In partnership with Vinci, it is currently building the new safe confinement shelter for the Chernobyl nuclear reactor (Ukraine). The main projects handed over or under construction include: a large number of nuclear power plants currently operating in France, the Olkiluoto EPR (Finland), the Flamanville EPR (France) and the new safe confinement shelter for the Chernobyl sarcophagus (Ukraine).

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V- Research & Development / Innovation R&D and innovation, which weigh increasingly heavily in the development of the construction industry, are among Bouygues Construction’s key strategic priorities. A response to the environmental challenges raised by its activities and a source of growth for the company, sustainable construction is central to its research programmes. Bouygues Construction devoted 50% of its R&D budget to sustainable construction in 2010, compared with 32% in 2009. It has also put the issue at the heart of its strategy, launching a sustainable construction project in mid-2010 within the framework of its Actitudes sustainable development policy. Over and above the technological implications, the project concerns organisation, marketing and sales and worksite production methods. The aims are to develop innovative and practical solutions at every level of the company that promote sustainable construction. With the aim of delivering practical and pertinent solutions to problems relating to the energy performance of its businesses and the size of their environmental footprint, Bouygues Construction introduced a new organisation in 2009, with an R&D, Innovation and Sustainable Construction Department. Under the leadership of Executive Vice President Gaëtan Desruelles, it is responsible for elaborating Group strategy on sustainable construction. It also directs the sustainable development policy, the specialist unit for sustainable construction, and R&D and innovation. It employs its own dedicated resources to finance Group-wide strategic research themes and coordinates the initiatives of the entities, which all run their own R&D programmes, mostly focused on improving the performance of materials and equipment, safety and the quality of work, making work less arduous and reducing environmental impact.

1/ An annual cycle All initiatives undertaken at both Group and entity level form part of an annual cycle that makes it possible to create a long-term innovation strategy. An R&D forum is organised at Group level every two years, alternating with the Group Innovation Competition. This event is attended by several hundred Group employees who come to share their experience. To build on this success and promote further interaction between the various populations, the first "Innovation Encounters" were set up in November 2007 with the aim of enabling specific topics to be studied in depth, such as positive-energy consumption buildings, the sustainable construction index, robotics, concrete, digital modelling, etc. Bouygues Construction created the Materials Engineering Centre in December 2007. It carries out R&D and innovation on materials and processes, furnishes technical assistance to the various entities during the preparation of bids and during projects, and provides training.

In 2008, a Sustainable Construction structure was created, intended to supply expertise to the Group’s technical and sales departments.

2/ Achievements and strategy The main priorities in Bouygues Construction’s Group-wide research programme in 2010 were:

- Making buildings more energy-efficient, in particular through better control of actual consumption (diagnostic tools, materials performance analysis, usage tracking, etc.) and innovative technologies to produce energy and reduce consumption (solar air-conditioning, external insulation, etc.).

- Reducing carbon emissions (low-carbon concrete, etc.). - Developing a database of the environmental characteristics of finishing products. - Developing a methodology for assessing urban biodiversity. - Improving air quality inside homes. - Evaluating the lifecycle cost of buildings. - Promoting eco-design (taking part in the European Open House project to develop and establish a

common building assessment method in Europe, taking part in the Bouygues SA and Alstom UrbanEra project).

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VI- Sustainable development Bouygues Construction launched its sustainable development policy in 2007. This policy organises and strengthens the initiatives taken by the Group’s subsidiaries in terms of social and environmental responsibility. It consists of seven key themes which constitute a common working basis for all Bouygues Construction entities.

1/ Seven key themes Theme 1 - Foster a trusting relationship with our customers, based on consideration, transparency and innovation. Theme 2 - Incorporate risk into the day-to-day management of the company. Theme 3 - Lead our business sectors in terms of occupational health and safety. Theme 4 - Develop our employees’ skills and promote equal opportunity Theme 5 - Establish balanced, long-term relationships with our partners, suppliers and subcontractors Theme 6 - Ensure that our businesses respect the environment. Theme 7 - Participate in the economic and social life of the regions in which we operate.

2/ A commitment to our customers and partners Bouygues Construction strives to establish balanced, trusting relationships with its customers, partners and subcontractors.

Widespread use of independent external organisations for customer satisfaction surveys to ensure free expression by participants.

Partnerships for progress with subcontractors. Bouygues Construction appends a “sustainable development charter” to its contracts. Subcontractors are thus expected to abide by the Group’s procedures with regard to working standards, health and safety, and environmental protection.

Organisation of conventions for our partners and subcontractors in order to involve them in our Quality, Safety and Environment initiatives (meetings, task forces, training, etc.).

Responsible purchasing policy: Bouygues Construction has compiled a database of products and equipment assessed in terms of eco-performance, including precast units, vehicles, external joinery, etc. It is regularly updated.

3/ Social commitment Bouygues Construction strives to remain a leader in terms of safety, to develop the skills of its employees, and to participate in the economic and social life of the regions in which it operates.

All Group structures have measurable safety targets in place.

Safety training for site workers, leading to the award of a “building permit”.

Training in equal opportunities for recruitment managers and operational personnel.

Agreement with EPIDe (an insertion agency run by the French armed forces).

“Handicap Plus” programmes to improve the comfort of disabled people in the buildings, going beyond regulatory requirements.

Schools and clinics built and water supply points made available in proximity to international construction sites (e.g. Thailand, Cameroon, Equatorial Guinea, etc). Bouygues Construction focuses its actions on work opportunities, education and public health.

4/ Pro-environmental commitment The construction industry is responsible for consuming 40% of the planet’s natural resources. Bouygues Construction’s R&D initiatives focus on consuming less, more efficiently and with lower carbon emissions.

A specialist unit for Sustainable Construction was set up in June 2008, covering the energy efficiency of buildings, overall cost, the use of renewable energies, etc. It relies upon partnerships with key players in the sector, such as architects, engineering offices, materials producers, etc.

Rollout of Projection, a software tool to evaluate the sustainable development performance of building projects. It is intended to encourage customers to adopt environmentally and economically optimal solutions.

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A five-year partnership with WWF (World Wide Fund for Nature) covering its timber procurement. In October 2010, Bouygues Construction joined the Global Forest and Trade Network, becoming the first member in the French construction sector. The Group will increase the volumes of wood it purchases from forests that are managed according to the principles that guarantee the sustainability of resources, the preservation of biodiversity and social wellbeing.

5/ Bouygues Construction and sustainable construction Sustainable construction is a strategic priority for all Bouygues Construction entities. This entails training programmes on the theme for technical and sales teams, proposing green design alternatives, and informing and supporting customers, as well as promoting decision-making tools such as Projection (a software package to assess the sustainable development performance of residential projects) and CarbonEco

® (a

software package for carbon audits applied to building and civil works projects). Gaëtan Desruelles, Executive Vice President of Bouygues Construction, is in charge of the Sustainable Development department, the Sustainable Construction unit and the strategic policy on sustainable construction launched in June 2010.

6/ The Terre Plurielle corporate foundation Terre Plurielle, the Bouygues Construction corporate foundation, was set up in July 2009. It exclusively finances projects which are sponsored by Group employees and are strongly established in a given territory. This encourages teams to buy into the identification and follow-up of projects. The projects fall into four specific categories:

Healthcare, to promote public health (hygiene, access to treatment, life in hospital, etc.).

Disability, to improve living conditions and facilitating access to education, employment, services and leisure activities for people with disabilities.

Education, to facilitate access to knowledge and study for disadvantaged young people.

Employment opportunities, to support companies and other organisations working to provide access to work and vocational training for disadvantaged people.

Terre Plurielle operates with a budget of 1.5 million euros over five years. It is governed by a Board of Directors along with a Selection Committee and a General Manager. In its two years of existence, the foundation has supported more than sixty projects in some fifteen countries. For more information, visit www.terreplurielle.org

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Corporate presentation - Updated September 2011 15

VII- Hiring and retaining personnel To keep pace with demographic change, Bouygues Construction needs to take on and retain new personnel. 2,359 people were hired in France in 2010, in spite of the tough economic climate. These hirings will prevent the creation of a gap in the age pyramid. To promote a greater international component in its workforce, the Group set up the Europe Club in 2003. Membership is voluntary, and now stands at roughly one hundred young employees of at least 15 nationalities (Spanish, Swiss, Belgian, British, German, etc.), spread over all the Group’s subsidiaries in France and throughout Europe. The club is a management tool seeking to further the development of Bouygues Construction outside France. It makes it possible to provide subsidiaries with young local employees who share the Group’s culture and will become players committed to development in each of the European countries.

1/ Hiring The hiring of personnel is a decentralised process in each structure’s HR department. Nonetheless, in 2006 the Group put in place Bouygues Construction Job Search, a central unit specialised in hiring engineers and managers with previous experience. The unit works in conjunction with job-boards. Following a contraction in 2010 resulting from the economic and financial crisis, recruitment needs have grown somewhat and significant volumes are forecast for 2011 (2,400 people). Internships represent an excellent job applicant resource. The Group takes in approximately 2,000 interns each year, and goes on to hire half of them. Relations with schools also constitute a very good way of getting the Group better known. Bouygues Construction operates an energetic policy of relations with schools (engineering and business schools, universities, vocational high schools, etc.). It takes part in careers forums and gives presentations, and also organises corporate games – “Challenges” – adapted to suit the profiles of different populations. They enable recruitment specialists to spot and hire young talents. - The “Bouygues Construction Challenge” (international) for students of engineering and business schools and universities - The “Supervisor Challenge” for students preparing a first professional qualification - The “Site Worker Challenge” for students at vocational high schools A framework agreement was signed with the French Ministry for Education in 2008 to encourage the forging of closer relations between the world of business and education. Elsewhere, Bouygues Construction is increasingly looking to foreign schools and universities (UK, Russia, Singapore, etc.). The Group recently catalogued over thirty French-language disciplines corresponding to its needs, including building, civil engineering, materials mechanics and engineering science. A partnership agreement was signed in July 2008 with the French Ministry of Defence to recruit former military personnel seeking a civilian career.

2/ Remuneration Bouygues Construction has introduced a dynamic compensation policy, tailored to each individual’s specific profile. So that this policy can be conducted with the greatest possible degree of objectivity and transparency, the Human Resources department is introducing all managers to Evolis, a software tool which provides them with access to all necessary indicators to clearly and accurately appreciate the salaries of their team members. Since 2007, the Group has sent each of its employees a personalised evaluation of benefits. This document enables individuals to better understand all the elements forming part of their compensation package.

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The global remuneration package includes the following constituents: Direct remuneration

Basic salary, paid on the basis of 13 months per year. For young graduates, the starting salary depends on their level of qualification. Recognition is given to those with double qualification. For other candidates, the starting salary depends on experience acquired.

Bonuses.

Paid leave allowance: this consists of a 30% increase in the remuneration corresponding to the days of leave effectively taken.

Exceptional bonuses, e.g. corresponding to the completion of a contract.

Variable bonuses: salaries of all managers include a variable portion, which is dependent upon meeting targets determined at the start of each year (business targets, management targets, etc.).

Company cars. Collective variable remuneration

Optional profit-sharing (intéressement): implemented in all the Group’s French structures, negotiated profit-sharing schemes are also being developed in a number of the international subsidiaries.

Mandatory profit-sharing (participation) in France. Employee savings schemes

Corporate savings scheme: this enables any employee to save up to 25% of his or her gross annual remuneration. Deposits are matched by complementary contributions made by the employer: 200% for the first 300 euros deposited, 100% for deposits of between 301 euros and 1,920 euros, and 50% for deposits in excess of this amount (with a ceiling on employer contributions of 3,360 euros, which corresponds to a total employee’s deposit of 4,200 euros). The corporate savings scheme is available in France; trials are currently under way to set up such a scheme in Switzerland and the United Kingdom.

Supplementary pension savings scheme: this was introduced in 2006 in response to forecasts of reduced pension payouts for employees on their retirement. Employees make voluntary deposits, which are matched by complementary contributions made by the employer. The sums are invested in diversified funds. On retirement, the savings are paid to the employee in the form of either a life annuity or a lump sum. Employer contributions are on the scale of 50% for the first 600 euros deposited, 35% for deposits of between 601 euros and 1,200 euros, and 20% for deposits of between 1,201 euros and 3,650 euros. The employer’s contribution cannot exceed 1,000 euros.

Employee shareholding (capital increases reserved for employees). Additional benefits

Entitlement to leaves of absence.

Top-up healthcare insurance.

Loss of earning compensation.

Retirement pension.

Works council benefits.

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3/ Training Bouygues Construction is renowned for the quality of the training programmes it offers its employees. The Group devotes 5.35% of its annual payroll (excluding paid apprenticeship schemes) to training, while the legal obligation in France stands at 0.9% (also excluding paid apprenticeship schemes). Bouygues Construction University, which was created recently, gives all employees an overall vision of all the training programmes available in the Group. The majority of these are now available to English-speakers. There is a wide variety of training programmes: Programmes for managers

Ulysse (for young managers)

Marco Polo (for experienced managers)

Pericles (for project management) Training in sustainable development

Sustainable construction

Social aspects of sustainable development

Change management in the context of sustainable development Technical training for operational employees. Foreign language training (English, Spanish, Russian, etc.) for all employees intending to work abroad or in regular contact with foreigners. SOCIAL ACTION INITIATIVES The Group is involved in several areas of social action. Progress achieved in social action is tracked on a scorecard, which makes it possible to monitor the progress of these initiatives. Employee welfare First agreements on the prevention of psychosocial risks were concluded in several entities in 2010. They include arrangements for psychosocial watch and alert arrangements and charters for managers on reconciling work and personal life. Bouygues Construction University introduced a workplace stress training module in 2010. A handbook was produced for managers to help them identify and deal with difficult situations that generate stress. Bouygues Construction signed up to the Parenting Charter in 2008 and is a partner of the Parenting Observatory, demonstrating the Group’s desire to strike a better balance between family life and working life. A practical guide produced in 2010 gives managers legal advice and tips on how best to handle issues such as maternity and paternity leave and teleworking. Hiring underprivileged people In the context of its effort to promote equal opportunities, the Group has taken part in recruitment fairs in deprived inner city areas, both in the Paris region (e.g. in Clichy-sous-Bois) and in other parts of France. On January 28, 2008, Bouygues Construction signed an agreement with EPIDe, an agency of the French armed forces, whereby the Group offers to help vulnerable young people. Although they are unable to sign up to a traditional training scheme or find employment, EPIDe and the Group provide them with a framework enabling them to follow an appropriate educational programme that encourages social and professional integration and offers them prospects for the future. The Group has made a commitment to accept vulnerable young people, irrespective of their qualifications, and to provide them with a variety of internships and training courses at its Gustave Eiffel training centre. They can be offered a broad range of career options within the fields of building, public works and electrical contracting and maintenance, such as form worker, mason, electrician, site machine driver, etc. Hiring people with disabilities and keeping them in work

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The Group has also made a commitment to offer support to people with disabilities, with regard to both hiring them and keeping them in work. It organises awareness-raising events and training programmes for managers on a regular basis, intended to give them a better insight into the issue. Partnership agreements have been signed between the majority of the Group’s French subsidiaries and AGEFIPH, a French government agency promoting the employment of disabled people. Bouygues Construction signed up to a Disability Charter in 2007 with the French Ministry of Employment as a way of broadening its recruitment policy to include people with disabilities. ETDE renewed the charter in 2009, for a further three years.

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VIII- Key ongoing projects

France

MINISTRY OF DEFENCE AT BALARD (PARIS)

• Start of works: January 2012 • Handover: August 2014 • Value of project:

Design-build: €745 million (€500 million for Bouygues Bâtiment Ile-de-France) Facilities management: €534 million

• Architecture: Nicolas Michelin & Associés and Atelier 2/3/4

Bouygues Bâtiment Ile-de-France and Exprimm, forming part of Opale-Défense, won a contract to finance, design and construct the French Ministry of Defence at Balard, in the southwest Paris, along with operation and maintenance of the complex for 30 years. The project was designed by two firms of architects (Nicolas Michelin & Associés, who coordinated the overall architectural project, and Atelier 2/3/4) and the engineering consultant Iosis. It comprises the construction of the main ministry building on the western part of the site (140,000 m²) along with a vast redevelopment operation for the eastern part (170,000 m², including 120,000 m² of refurbishment. Works will begin in January 2012, and will involve 2,500 people at peak periods. Substantial technical resources will be employed, most notably 25 tower cranes. Almost all the buildings will be available by the end of August 2014.

THE PARIS PHILHARMONIA

Bouygues Bâtiment Ile-de-France is a member of a consortium that won a contract to construct the Paris Philharmonia and to operate and maintain it for a period of 15 years. This will be one of the first major projects to be completed in the context of the Grand Paris urban renewal plan. It will include a 2,400-seat auditorium, eight rehearsal rooms, secondary performance spaces, a teaching centre and administrative offices. The structure will be built on the hill of the La Villette park. The entire roof will provide walkways open to the public, while the exterior will be dominated by a 60 metre-tall giant screen which will be used to publicise forthcoming performances. The building and gardens will be operated and maintained for 15 years by Cofely, a subsidiary of GDF Suez. The car parks will be managed by QPark. • Start of works: March 2011 • Handover: 2014 • Value of project: €219 million (€107 million for Bouygues Bâtiment Ile-de-France) • Architecture: Ateliers Jean Nouvel

Corporate presentation - Updated September 2011 20

THE SAINT-QUENTIN-EN-YVELINES VELODROME

AMIENS HOSPITAL

Bouygues Bâtiment Ile-de-France and Bouygues Entreprises France-Europe are building Amiens Hospital as general contractor. The new 126,000 m

2 hospital complex will group

together departments now located in the Amiens northern hospital as well as units currently scattered around different parts of the city (maternity, ophthalmology, etc.). It will include 791 beds, 30 operating theatres, and a 500-space basement car park.

Start of works: September 2009

Handover: 2013

Total value: 260 million euros

Architecture: Aart International

In the context of a public-private partnership, Bouygues Construction is constructing the Saint-Quentin-en-Yvelines velodrome. The contract covers the finance, design and construction of a sports facility dedicated to cycling, as well as operation and maintenance for 30 years. It will accommodate up to 5,000 spectators, 3,500 of them in fixed seating, and will incorporate the world’s first 250-metre long, 8-metre wide cycle track with a constant radius of 23 metres. The French Cycling Federation will install its headquarters in the building. The project also includes the construction of the first covered BMX track in Europe, as well as accommodation facilities and a restaurant. The project is being carried out alongside a 35,000 m² property development programme which mainly consists in the construction of a hotel, accommodation for students and research workers, offices and shops The entire project will abide by the principles of sustainable development: - Optimisation of energy needs and consumption

according to the facility’s operational cycles, - Recovery of rainwater to meet the site’s needs, - Protection of wildlife, - Impact of the project on the local economy (local

subcontracting and creation of 500 new jobs).

Start of works: July 2010

Handover: 2013

Total value: 74 million euros (for the construction works)

Architecture: Chabanne, Ralph Schuermann

Corporate presentation - Updated September 2011 21

LES GRESILLONS WASTEWATER TREATMENT PLANT (TRIEL-SUR-SEINE)

Bouygues Travaux Publics is responsible for earthworks and civil engineering for the plant, construction and fit-out of buildings, and the construction of roads and related works. Staff housing will also be built for personnel of the Paris regional wastewater authority operating the plant. This is the second phase of the project; the first, also constructed by Bouygues Travaux Publics, was inaugurated early in 2008. The extension will triple the plant’s capacity, from treatment of 100,000 m

3 of wastewater per day to 300,000 m

3: it will be

capable of handling the sewage discharged daily by the equivalent of a population of between 1.5 million and 2 million people. It will also be capable of complying with very stringent standards of sewage treatment, in line with the objectives of the European Union’s Water Framework Directive. Attesting to the quality of its construction and the very low environmental impact it will have, the facility will qualify for High Environmental Quality (HQE) certification.

Start of works: September 2008

Handover: end 2011

Total amount: 312 million euros (Bouygues Travaux Publics share: €90 million)

Architecture: HB Architectes, Alain Farel, Atelier Acanthe

BOURGOIN-JALLIEU HOSPITAL (NOW IN OPERATION)

GFC Construction, the Lyon-based subsidiary of Bouygues Construction, built the new Bourgoin-Jallieu hospital under the terms of a public-private partnership. The contract covers financing, design and construction, as well as operation and maintenance of the facility for a period of 32 years. The hospital comprises a maternity, gynaecology and paediatrics block, ward blocks, a clinical support and theatre block (operating theatres, obstetrics room, accident and emergency, etc.), along with an ancillary medical and catering services block (pharmacy, sterilisation, laboratory,

kitchens, etc.). High Environmental Quality (HQE®

)

procedures are built into each stage of the project. Exprimm, the Group’s specialist facilities management subsidiary, will be responsible for maintenance.

Start of works: November 2007

Handover: October 2010

Value of project: 230 million euros (Bouygues Construction share)

Architecture: AGC Atelier d’Architecture, CRR

Corporate presentation - Updated September 2011 22

DELEGATED PUBLIC SERVICE CONTRACT FOR BROADBAND IN CHARENTE-MARITIME

The Charente-Maritime Department signed a delegated public service contract with 17 Numérique, a consortium consisting of Axione and Mainguy (both subsidiaries of ETDE, itself a subsidiary of Bouygues Construction). The contract covers the construction, marketing, operation and maintenance of the Department’s 800 km-long fibre optics network. As a result of this project, 100% of companies and households in Charente-Maritime will eventually be able to access high-quality digital connections with minimum speeds of 2 MB.

Start of works: April 2007

Total value of project: 57 million euros

FLAMANVILLE EPR PLANT

The French power utility, EDF, awarded the main package for the construction of the buildings that will house the future new-generation nuclear reactor at Flamanville to Bouygues Construction. The contract includes the entire civil engineering works for the nuclear power plant. It is being carried out by a consortium including Bouygues Travaux Publics (lead company), Quille (a Bouygues Construction subsidiary based in Rouen) and Baudin-Châteauneuf (a steel frame constructor). The Flamanville 3 nuclear plant will house a European Pressurised Reactor (EPR) with a capacity of approximately 1,600 megawatts. It will consist of around ten industrial buildings, including the turbine building and the reactor building, which will be built in pre-stressed concrete with a steel liner to ensure leak-tightness.

Start of works: October 2006

Total value of project: over 300 million euros

A28 MOTORWAY BETWEEN ROUEN AND ALENÇON (NOW IN OPERATION)

Design, construction and operation as a concession of the stretch of the A28 motorway linking Alençon and Rouen. Completed in 2005, the stretch is now being operated by Alis, a company in which Bouygues Construction is a shareholder, for a period of 62 years. The 125 km-long four-lane stretch of motorway incorporates 103 engineering structures, two viaducts, interchanges with the A13 and A88 motorways, lay-bys and parking zones, service stations, an operations centre and a maintenance zone.

Start of works: July 2003

Handover: October 2005

Total value of project: 700 million euros

Corporate presentation - Updated September 2011 23

STREET LIGHTING, LILLE

Since 2004, the technical and financial management of street lighting in the city of Lille and the neighbouring towns of Hellemmes and Lomme has been delegated to ETDE. As a result, the municipalities are able to reduce their operating costs, improve safety for people and property, optimise public investment, raise the profile of lighting as a public service and promote the image of the local authority. The project is based on the principles of sustainable development.

Length of public service delegation contract: 8 years

Value of contract: 4.4 million euros per year

22,500 light points

70% of the installation modernised in 8 years

40% reduction in energy consumption

Corporate presentation - Updated September 2011 24

International CUBE 8 AND CONCORD CONDOMINIUM (SINGAPORE) Dragages Singapore is carrying out a design-build

contract for the construction of two residential towers, with a podium and a car park basement. One tower, called “Cube 8”, will consist of 177 apartments on 36 storeys, while there will be a further 157 apartments on 36 storeys in the second tower, called “Concord Condominium”. The total surface area of both buildings will be 71,000 m².

Start of works: August 2010

Handover: 2013

Total value of project: 93 million euros

THE TANGIERS MED 2 CONTAINER PORT (MOROCCO)

After completing the Tangiers Med 1 port complex, Bouygues Travaux Publics and Bymaro (subsidiaries of Bouygues Construction) are now constructing two new container port terminals (Tangiers Med 2), which will offer additional capacity of 5.2 million containers. The operation for the Tangiers Mediterranean Special Agency is being carried out by a consortium which also includes Saipem, Besix and Somagec. The consortium will be responsible for building a 3,800-metre long main breakwater and a 1,200-metre secondary breakwater, 2,800 metres of quay, and a 150-hectare logistics platform. The breakwaters will primarily be constructed with the use of precast four-lobed caissons and piled up rocks protected by Accropodes

TM. The caisson technique has a number of

advantages, above all that of considerably reducing environmental impact as it reduces both the footprint of the project and the volumes of materials used.

Start of works: summer 2010

Handover: 2014

Total value of project: 825 million euros (Group share: 335 million euros)

Corporate presentation - Updated September 2011 25

QP DISTRICT (QATAR)

Working alongside Qatari partners Midmac Contracting Company and Aljaber Engineering, Bouygues Bâtiment International is currently constructing a 700,000 m

2 real estate development in

Qatar. Located in the new West Bay business district in Doha, this huge development will include nine office towers ranging from 18 to 52 storeys, a 5-star hotel with over 400 rooms, a shopping centre, a conference centre and a mosque, as well as all the necessary car parks and other exterior facilities. The works are being carried out in a particularly difficult environment because of the cramped nature of the site.

Start of works: September 2009

Handover: 2013

Total value: 950 million euros (Group share 60%)

SPORTS HUB (SINGAPORE)

As a member of the SHPL consortium*, Dragages Singapore won a contract for the Singapore Sports Hub. This public-private partnership covers the financing, design and construction of the sports facility, plus facilities management for 25 years. It is the world’s largest PPP contract for a sports infrastructure. The Sports Hub is a huge integrated sports and leisure complex located on a 35-hectare site. Among the facilities are the 55,000-seat New National Stadium, an aquatic centre, a multi-sports hall, the existing Singapore Indoor Stadium, an exhibition centre, a sports museum and sports federation offices, plus 41,000 m² of shopping and dining facilities. The works will involve up to 2,500 employees.

Start of works: September 2009

Handover: April 2014

Value: 770 million euros (Group share)

* Dragages Singapore (lead partner), HSBC Infrastructure Fund III (an investment fund managed by the HSBC group and specialised in PPP projects), United Premas (a Singapore-based facilities management company ranked No 1 in Southeast Asia, a subsidiary of Australia’s UGL Limited) and Global Spectrum Pico Pte Ltd (a subsidiary of the US company Comcast Spectator, specialised in venue management)

Corporate presentation - Updated September 2011 26

VANCOUVER HOSPITAL (CANADA)

In October 2008, Bouygues Bâtiment International signed a 30-year concession contract for the financing, design, construction and operation/maintenance of a hospital building in Surrey, British Columbia (Canada). This Public-Private Partnership operation is Bouygues Construction’s very first building contract in North America. The 30,000 m

2 building incorporates facilities for outpatient consultations and

day-surgery operations. ETDE, in partnership with the Helios group, is responsible for all facilities management services for the building throughout the 30-year period of the concession.

Start of works: October 2008

Handover: mid-2011

Amount: over 230 million euros (168 million euros for design/build and 65 million euros for operation and maintenance)

KAI TAK CRUISE TERMINAL (HONK KONG, CHINA)

Dragages Hong Kong is responsible for designing and constructing a harbour terminal for cruise ships, along with supporting facilities, in Hong Kong. The installation, which is located to the south of the former runway of the former Kai Tak airport, will be capable of simultaneously berthing two 8,000-passenger mega cruise liners. Designed by architects Foster + Partners and Wong Tung & Partners, the building will consist of a three-storey open plan landscaped structure. The absence of columns allows highly modular use of space. The project complies with the demands of Hong Kong BEAM certification with regard to the precepts of sustainable construction, combining energy saving measures with a focus on the building’s long-term performance: reduced energy consumption, renewable energies, recycling, etc. The works will require a workforce of roughly 3,000 during peak periods.

Start of works: May 2010

Handover: 2012

Value: 490 million euros

Corporate presentation - Updated September 2011 27

BROOMFIELD HOSPITAL (UNITED KINGDOM)

Bouygues Construction’s British subsidiaries are currently constructing Broomfield hospital (in south-east England, near London). This Private Finance Initiative (PFI) provides for the refurbishment of the existing hospital and extending it to 43,000 m². It also covers the installation of network infrastructure and of all medical equipment. The new hospital will include more than 330 beds, five operating theatres, three endoscopy rooms, a maternity unit with two operating theatres and a neonatal intensive care unit. Bouygues UK will carry out all the construction work and Ecovert FM will provide facilities management services for 33 years (building maintenance, energy and utilities management, laundry, catering, etc.).

Start of works: February 2008

Handover: August 2010

Amount: 200 million euros (construction) plus 180 million euros (operation and maintenance)

BUSAN HARBOUR (SOUTH KOREA)

Start of works: Jan. 2008

Handover: end 2011

Total amount: 703 million euros (Bouygues Travaux Publics share: 250 million euros)

Bouygues Travaux Publics, along with partners Hyundai Development Company, CMA CGM, KMTC, Kukje Transportation Co Ltd, KCTC, BPA (Busan Port Authority) and Macquarie Korea Infrastructure Fund, signed a construction and 30-year concession contract in January 2008 for one package of South Korea’s new Busan Harbour. The new harbour project is divided into four packages, to be built and operated by four different concession companies. It will replace the current Busan port, located in the centre of the city, and will be better able to respond to strong growth in maritime container traffic (roughly 10% per year). Located on South Korea’s south-eastern coast, it will be well placed to serve local and international markets, particularly China. As part of its package, the Group will be responsible for design and civil works, along with the supply of handling facilities (container gantry cranes and other harbour cranes, shuttle carriers, etc.). The first phase will consist in treating the ground and carrying out extensive earthworks to reclaim 84 hectares of land from the sea. Concrete caissons will then be installed to form the four quays at which container ships will berth. In the operational phase, the consortium will manage approximately 2.7 million containers transiting through the port per year. All the equipment (gantries, cranes and shuttle carriers) will be fully automated.

Corporate presentation - Updated September 2011 28

GAUTRAIN RAPID RAIL LINK (IN SOUTH AFRICA, NOW IN OPERATION)

Bouygues Travaux Public, a member of the Bombela concession company, has carried out the civil works for the Gautrain Rapid Rail Link project. This Public-Private Partnership contract covers the financing, design, construction, operation and maintenance of the rail network. The project is intended to alleviate traffic congestion between Johannesburg and Pretoria. The journey time between Johannesburg and the international airport is shortened to less than 15 minutes. A bus network complements the rail system, providing a distribution and feeder service for passengers within a 10-kilometre radius of the stations. The first section of the network links Sandton to the OR Tambo international airport, and the second runs between Pretoria (Hatfield) and Johannesburg. The 80-kilometre rail system incorporates 15 kilometres of tunnels, 11 kilometres of viaducts and bridges and 10 stations (three of which are underground). It will also include a maintenance depot, a traffic control centre and 11,000 parking spaces in close proximity to the stations, to attract potential users of the new rail link. All the construction works are guided by an Environmental Management Plan (EMP), with the replacement of trees removed, monitoring of noise levels, dust management, etc. As part of a social and economic development programme for Gauteng province, virtually all the site workers have been hired locally. A large number of indirect jobs have also been created. In addition, a major skills transfer programme has been put in place, targeting small and medium-sized enterprises and local communities.

Start of works: September 2006

Handover: 2011

Amount of project: 1.2 billion euros (of which 550 million euros for Bouygues Construction)

A41 MOTORWAY BETWEEN ANNECY AND GENEVA (NOW IN OPERATION)

Design and construction of an 18.8-kilometre stretch of the A41 motorway, providing a direct link between Annecy (France) and Geneva (Switzerland). A four-lane stretch with rest areas in each direction, the infrastructure includes 4 viaducts of 264 m, 262 m, 212 m and 360 m respectively; a twin-tube tunnel 3,065 m long, bored by TBM under Mont Sion; a 290 m cut-and-cover tunnel; 13 flyovers; 12 underpasses; a 560 m retaining wall; and all the feed-on junctions and interchanges. The consortium consists of lead company Bouygues Travaux Publics with DTP Terrassement, Quille, Losinger Construction, GFC Construction and Colas.

Start of works: October 2005

Handover: December 2008

Total value of works: 541 million euros

Corporate presentation - Updated September 2011 29

HOME OFFICE, LONDON (NOW IN OPERATION)

Bouygues UK and Ecovert FM, Bouygues Construction’s British subsidiaries, carried out the Home Office project in London. The project consisted in demolishing three towers built in the 1960s in the heart of London, and replacing them with the new headquarters of the Home Office, capable of accommodating roughly 3,500 civil servants in 55,000 m² of office space. The project also included the design and construction of a residential complex (combining social housing, luxury flats, shops and a day-nursery adjacent to the Ministry). Full facilities management services will be supplied by Ecovert FM for a 26-year period.

Start of works: March 2002

Handover: January 2005

Total value of works: 325 million euros

Total value of operation and maintenance: 15 million euros per year (roughly 380 million euros in total).

Architecture: Terry Farrell

HIGHWAY 2000, JAMAICA (NOW IN OPERATION)

Bouygues Construction constructed the 34-kilometre stretch of motorway linking Kingston, capital of Jamaica, and Mandeville, a bauxite mining town in the west of the island. The concession company, Highway 2000, will be responsible for operating and maintaining the infrastructure until 2037.

Start of works: February 2002

Handover: end 2004

Total value of project: 330 million euros

ISTRIA MOTORWAY, CROATIA (NOW IN OPERATION)

Bouygues Travaux Publics constructed the Istria motorway in Croatia in three distinct phases:

Phase 1A Design and construction of a two-lane motorway, 42 kilometres long. Works carried out by Bouygues Travaux Publics consisted of earthworks and drainage, construction of engineering structures and roadway, along with the restoration of the network of local access roads, as well as the civil works required for the toll plazas, service stations and rest areas. The company was also responsible for bringing the road equipment into service. Phases 1B1 and 1B2

Construction of a 42-kilometre two-lane motorway consisting of six interchanges, a toll plaza, rest areas, a 1,376-metre launched bridge and 25 engineering structures.

Phase 1B3 13 km of two-lane expressway between Vodnjan and Pula. 19 engineering structures will be built on this stretch.

Start of works: 1997

Completion of last phase: 2007

Total value of project: 270 million euros

Corporate presentation - Updated September 2011 30

IX- Some prestigious projects

France FIRST TOWER (PARIS-LA DEFENSE)

The renovation of the former Axa Building is part of a major programme to modernise the La Défense business district, in order to ensure that it continues to appeal to users and investors. It is a world first in terms of scale and technical complexity. The building comprised three wings, and originally stood 155 metres tall (40 storeys above ground); it was raised by 10 storeys to reach a total height of 231 metres, making it the tallest building in France. One of the wings has been lowered, to achieve a 10-storey stepped cut-back. The floor space has been increased by roughly 10% to 87,000 m

2. The entire

structure has been reinforced and the building skin has been totally rebuilt with approximately 50,000 m² of glazing and curtain walling, including 30,000 m² of naturally ventilated double-skin facade. Designed and constructed with a far-reaching approach to sustainable development, the First Tower was awarded High Environmental Quality

(HQE®

) certification.

Start of works: January 2008

Handover: March 2011

Amount: more than 300 million euros

Architecture: KPF and SRA Architectes

AUBERVILLIERS SHOPPING CENTRE

Bouygues Bâtiment Ile-de-France and Brézillon have built a large shopping in Aubervilliers, in the northern suburbs of Paris, for Icade and Klépierre. With a surface area of 56,000 m

2, the complex, designed by architect Antoine

Grumbach, also houses 20,000 m2 of offices. Located near

the Boulevard Périphérique (the inner ring road around Paris), it has been awarded high environmental quality (HQE) certification. A 2,800-space car park has also been built The complete complex stands in a pleasant setting designed by landscaper Michel Desvignes on the themes of water and nature.

Start of works: July 2008

Handover: March 2011

Value: 212 million euros

Architecture: Antoine Grumbach

Corporate presentation - Updated September 2011 31

ROYAL MONCEAU HOTEL (PARIS)

Bouygues Bâtiment Ile-de-France has carried out a thorough refurbishment of the Royal Monceau, a celebrated luxury hotel in Paris with a floor area of 14,000 m². The number of rooms was reduced from 220 to 150. The hotel also provides a spa/fitness centre which incorporates the largest hotel swimming pool in Paris, two restaurants, a ball-room, a cinema, a garden, 11 luxury apartments and a business centre. Philippe Starck is responsible for the interior design of the building. This contract illustrates Bouygues Construction’s know-how in constructing and refurbishing luxury hotels.

Start of works: August 2008

Handover: October 2010

Value of project: 104 million euros (Group share: 36.3 million euros)

Architecture: Didier Poignant

MOZART TOWER AND BOUYGUES TELECOM TECHNOPOLE

As part of the Issy Mozart development project, Bouygues Bâtiment Ile-de-France constructed a 24-storey, 100 metre-tall office building which was awarded High Environmental

Quality (HQE®

) certification. The project also includes a 3-

storey building called “The Wave”, which provides the main access to Mozart Tower. Thanks to the infrastructures already in place beneath the tower block and the third building of the Issy Mozart development, three underground floors house the service areas along with a 757-place car park. The complex became the headquarters of Bouygues Telecom. It won a first prize at the “Eco Building Performance 2007” exhibition.

Start of works: January 2008

Handover: April 2010

Total value of project: 155 million euros

Architecture: Arquitectonica

Construction of a 57,000 m² technical centre for Bouygues Télécom, incorporating a 23,000 m² “green office”. A wood-fired cogeneration boiler to be installed will produce heat in the winter and generate electricity in the summer.

Start of works: July 2007

Handover: summer 2009

Amount of project: 124 million euros

Architecture: Valode & Pistre

Corporate presentation - Updated September 2011 32

OXYGÈNE TOWER (LYON)

Two of the Group’s subsidiaries, GFC Construction and Bouygues Bâtiment Ile-de-France, jointly constructed the Oxygène Tower, situated in the heart of the Part-Dieu business district in Lyon. The 28-storey skyscraper stands 115 metres tall, making it the second-tallest building in Lyon, after the Crédit Lyonnais Tower (known as “The Pencil”), which is 162 m tall. The Oxygène Tower provides 29,500 m

2 of office space. To

improve energy performance, it has ventilated double-skin facades and most of the offices benefit from natural daylighting.

Start of works: July 2007

Handover: March 2010

Value of works: over 100 million euros

Architecture: Arte Charpentier

WOMEN’S, CHILDREN’S AND HAEMATOLOGY UNIT, CAEN UNIVERSITY HOSPITAL

Rouen-based Bouygues Construction subsidiary Quille is responsible for the design and construction of the Women’s, Children’s and Haematology unit of Caen University Hospital. Located on the “pearl coast” site in Caen, the 345-bed facility brings under one roof all services for mothers and children, currently spread out on different sites. Clinical haematology patients are also cared for in the new 4-storey block. This project, financed under the 2007 Hospital Plan, was concluded in the framework of a long-term hospital lease.

Exprimm, the Group subsidiary specialising in facilities management, is responsible for the building’s multi-technical maintenance, renewing facilities and operating services.

Start of works: March 2006

Handover: April 2009

Total value of project: 70 million euros

Architecture: Architecture Studio

THE COUESNON DAM (MONT SAINT-MICHEL)

In order for Mont Saint-Michel (a Unesco world heritage site) to become an island again, Quille carried out construction works, as a part of a consortium, on a new dam on the Couesnon River that flows into the bay. The dam should free the island from the stranglehold of the sand and marshes that surround it. In addition, the causeway and car park will be replaced by a bridge along which a shuttle will operate. Civil engineering consortium: Quille (consortium leader), Mastelloto.

Start of works: March 2006

Handover: end 2008

Total amount of project: 12 million euros

Corporate presentation - Updated September 2011 33

THE THONON-LES-BAINS BYPASS

A consortium comprising Bouygues Construction subsidiaries DTP Terrassement, specialised in land infrastructures, and Lyon-based GFC Construction along with Perrier TP carried out the works on the Thonon-les-Bains bypass.

Start of works: January 2006

Handover: summer 2008

Amount of project: 10 million euros

BRIDGE ACROSS THE RIVER LOIRE

GFC Construction and DV Construction, Bouygues Construction subsidiaries based in Lyon and Bordeaux respectively, were members of a consortium that built a 270 m long suspension bridge on the re-routed RD 498 highway near the town of Saint-Just-Saint-Rambert. The structure crosses the river without any intermediate support in the riverbed.

To ensure the structure is integrated into the environment, natural habitats have been preserved, embankment vegetation has been protected and environmental impact kept to a minimum.

Start of works: January 2006

Handover: March 2008

Amount of works: 10 million euros

ZENITH, STRASBOURG

Pertuy, a Bouygues Construction subsidiary based in Nancy, built the Zenith arena in Strasbourg. Elliptical in shape, this huge concert hall is modular to allow for seating capacities ranging from 1,800 to 10,000.

This innovatively designed architectural project, with walls that can be tilted at varying angles, is draped from the outside with a tensioned orange glass fibre membrane. With a single 100 m span, the metal frame eliminates the need for interior supporting columns.

Start of works: March 2006

Handover: December 2007

Value of contract: 50 million euros

Architecture: Massimiliano Fuksas

Corporate presentation - Updated September 2011 34

THE LASER MEGAJOULE (LE BARP)

Several Bouygues Construction Group companies were contracted to perform the civil engineering and speciality trades (elevators, overhead travelling-cranes, heavy doors, etc.) for the Laser Mégajoule nuclear test centre, located near Bordeaux.

Located in the centre of the building, the experiment room is encircled by two halls housing 240 beamlines. This room will be enclosed by two successive walls 1 and 2 metres thick, a 2.50 m thick floor and a 1.40 m thick ceiling.

To meet stringent stability constraints, the building’s foundations have been designed to stop vibrations that could be caused by certain geological phenomena (soil compression, wind, rising water table, etc.).

Owner: French Atomic Energy Commission

Start of works: March 2003

Handover: June 2007

Value of contract: 135 million euros

EXTENSION OF MONACO HARBOUR

After creating the outer harbour in 2001, Bouygues Travaux Publics carried out works to modify the north and south breakwaters and built a new quay (Quai Louis II). Situated between the northern breakwater and the outer breakwater, this accommodates the new yacht club at its end. The new quay has created a submerged mole for large cruise ships to anchor, and provides mooring points at the south end of the harbour.

Start of works: May 2005

Handover: April 2007

Amount of project: 54 million euros

Corporate presentation - Updated September 2011 35

THE STADE DE FRANCE (SAINT-DENIS)

Design, construction, operation and maintenance of a stadium with 80,000 covered seats and a total of 36,000 m

2

of net useable surface. Built on a 14-hectare site, the Stade de France features an elliptical disk-shaped roof suspended 42 metres above the pitch. The playing surface is sunk below natural ground level, reducing the external height of the imposing stadium.

To create space for an athletics track, the lower stands, which consist of 10 metal and concrete structural elements, are mobile and can be pushed back 15 metres under the upper section, via a system comprising sliding supports and air cushions. The stands maximise the number of spectators seated along the length of the pitch, where visibility is best. Outside the stadium, a 4-hectare plaza and a ramp give ground-level access to 25,000 seats, while the remaining seats are reached via 18 stairways located on the exterior of the building.

These stairways also lead to a circular gallery offering a panoramic view of Sacré-Coeur in Montmartre and the St Denis Basilica. The Stade de France has 148 boxes and 6,000 VIP seats, 2,000 m

2 of office space, a

2,000 m2

multi-purpose hall, three restaurants including one with a panoramic view, 50 bars, boutiques and 6,000 parking places. There is also 7,500 m

2 of space separated into seven events rooms ranging from 300

m2 to 1,940 m

2.

Start of works: January 1995

Handover: November 1997

Value of contract: 300 million euros

Architecture: Michel Macary, Aymeric Zublena, Michel Regembal, Claude Costantini

THE PONT DE NORMANDIE

Construction of a 2.1-kilometre cable-stay bridge across the Seine estuary between Honfleur (Lower Normandy) and Oudalle, near Le Havre (Upper Normandy). The consortium of civil works companies forming the Pont de Normandie EIG (Economic Interest Group) agreed to meet the challenge set by customer, the Le Havre Chamber of Commerce and Industry, of building a bridge with an 856 m-long central span, 80% longer than the previous world record.

Start of works: May 1990

Handover: January 1995

Value of contract: 140 million euros

Corporate presentation - Updated September 2011 36

THE PARC DES PRINCES STADIUM (PARIS)

The construction of the stadium required the installation of a giant elliptical shell assembled from precast concrete segments. Assembled onsite with the use of synthetic resins, they were installed with prestressing.

The stadium has a capacity of 50,000 spectators, with 25 km of tiered seating on stands covering two levels.

Start of works: January 1968

Handover: January 1972

Value of contract: 15 million euros

Architecture: Roger Taillibert

Corporate presentation - Updated September 2011 37

International

OGUZKENT 5-STAR HOTEL (TURKMENISTAN)

Bouygues Bâtiment International, a subsidiary of Bouygues Construction, built the Oguzkent luxury hotel complex in Turkmenistan. One of the largest five-star hotels in Central Asia, the Oguzkent is intended to receive businessmen and women attracted by the country’s great economic potential. With a total surface area of 95,000 m², it consists of more than 300 rooms on 17 storeys, including 12 presidential suites and serviced apartments, plus a conference centre, a shopping mall, 3 restaurants, a spa and several swimming pools.

Start of works: June 2008

Handover: May 2010

Total value of project: 270 million euros

ROLEX LEARNING CENTER (SWITZERLAND)

Losinger Construction, the Swiss subsidiary of Bouygues Construction, built a 35,000 m² facility at the point of entry to the EPFL (Ecole Polytechnique Fédérale de Lausanne) university campus. The most up-to-date virtual and physical technologies were employed to construct this facility for students. The project, designed by the Sanaa architectural practice, incorporates a library, a training zone, social areas (including a self-service cafeteria and a more elegant restaurant, a function room, shops, etc.), cultural spaces and service areas (machine rooms, car parks etc.). The “wave-shaped” architectural concept constituted a major technological challenge; it consists of two superimposed arched shells with openings, the longer of them spanning 80 metres. The site has been awarded the Minergie label, certifying the energy efficiency of the building.

Start of works: August 2007

Handover: September 2009

Total value of project: 56.5 million euros

Corporate presentation - Updated September 2011 38

ROLL-ON/ROLL-OFF PORT, TANGIERS (MOROCCO)

After completing the Tangiers container port in summer 2006, Bouygues Travaux Publics and Bymaro (the local Moroccan Bouygues Construction subsidiary) constructed a new port terminal in Tangiers. The operation was carried out as part of a consortium with Saipem on behalf of the Special Tangiers Mediterranean Agency. The consortium built two 1,230-metre breakwaters, eight ferry berths and a 42-hectare logistics area. The main breakwater consists of 23 precast caissons plus Acropodes

TM.

The use of precast caissons not only decreases the environmental impact of the project, as it reduces the footprint of the project and the volumes of materials used, but also shortens the construction time.

Start of works: June 2007

Handover: summer 2009

Total value of project: 150 million euros (100 million euros for Bouygues Construction)

WATERFRONT INTERNATIONAL DEVELOPMENT (TRINIDAD AND TOBAGO)

Bouygues Bâtiment International, a Bouygues Construction subsidiary, designed and built the Waterfront International Development in Trinidad and Tobago, in the Caribbean.

Situated on the seafront of the capital, Port of Spain, the Waterfront International Development is a vast 150,000 m² property development that includes two 26-storey office towers, a 5-star Hyatt Regency Hotel with 428 rooms and suites on 22 floors, a conference centre and a car park with some 1,200 places.

Start of works: August 2005

Handover: end 2008

Total value of project: 265 million euros

THE DUBAI ELEVATED METRO (UNITED ARAB EMIRATES)

VSL, the Bouygues Construction subsidiary specialising in post-tensioning and cable-stay bridges, carried out the construction work on the Red Line, the elevated metro line crossing Dubai. In a joint venture with Freyssinet International and Rizzani de Eccher, VSL precast 13,000 voussoirs for the viaduct and erected them over a distance of 45 km, using eight launching girders.

Start of works: March 2006

Handover: September 2008

Total value of project: 110 million euros

Corporate presentation - Updated September 2011 39

MASAN BAY BRIDGE (SOUTH KOREA)

Bouygues Travaux Publics performed the construction works for the Masan Bay Bridge in South Korea, in a joint venture with Korea’s Hyundai Engineering Corp. The contract covered the financing, design and construction of the bridge, along with operation and maintenance for a 30-year period. Located at the entrance to Masan Bay, in the south-east of the country, the bridge allows motorists to avoid the congested motorway that skirts around the bay to Busan, the second largest industrial city in South Korea. With a total length of 1,700 metres, it is the second longest bridge in the country. The steel and concrete structure comprises a 740 metre-long cable-stayed bridge and two raised access roads, 410 and 550 metres long respectively.

Start of works: April 2004

Handover: mid-2008

Total value of project: 250 million euros

SAIL@MARINA BAY

Bouygues Bâtiment International built the Sail@Marina Bay residential complex in Singapore. Located on the seafront in the business district, it comprises two 71- and 63-storey towers. Standing at 245 and 215 metres, they are the tallest residential towers in the country and the tenth highest in the world. They house 1,111 luxury apartments, three pools, two tennis courts and a car park. The original architecture, in the form of sails, features 80,000 m

2 of glazed facades. The towers, plumb with a metro line, were built

on land reclaimed from the sea, which needed special foundations to be built at a depth of 80 metres.

Start of works: February 2005

Handover: mid-2008

Total value of project: 140 million euros

Architecture: NBBJ, Meinhardt Thailand Ltd

Corporate presentation - Updated September 2011 40

TANGIERS COMMERCIAL PORT (MOROCCO)

Bouygues Travaux Publics and Bymaro, subsidiaries of Bouygues Construction, won a contract in partnership with Saipem to design and construct the Tangiers-Mediterranean deepwater commercial harbour. The project was carried out on behalf of the Tangiers Mediterranean Special Agency (TMSA).

Following the international call for tenders issued by TMSA in October 2002, Bouygues Construction was appointed to build the breakwaters, dredge the seafloor and reclaim land for the new Tangiers-Mediterranean port. The company was chosen as a result of a technical alternative proposed by its engineering teams: a breakwater made up of approximately forty precast reinforced concrete caissons in areas where the sea is more than 20 metres deep.

This alternative had a number of advantages: it increased the surface area of harbour water by almost 18 hectares and reduced environmental impact by diminishing the footprint of the works and the volumes of materials used. Additionally, it resulted in a shorter construction time.

Start of works: June 2003

Handover: summer 2007

Total value of project: 225 million euros

GROENE HART TUNNEL (THE NETHERLANDS)

Bouygues Construction constructed the Groene Hart tunnel (the Netherlands) in partnership with the Dutch company Koop. The Group proposed an innovative solution to the Dutch Ministry of Transport and its prime contractor, HSL Zuid: a single-tube, two-lane tunnel over 7 kilometres long. This system offered many safety advantages and met the very strict environmental constraints required for building the Rotterdam-Amsterdam extension of the high-speed railway in the protected Groene Hart area. This line, commissioned in 2005, enables trains to connect Amsterdam to Paris in only 3 hours and 15 minutes.

Start of works: early 2000

Handover: end 2005

Total value of project: 430 million euros (Bouygues Construction share: 370 million euros)

Corporate presentation - Updated September 2011 41

THE CHANNEL TUNNEL (FRANCE / UNITED KINGDOM)

Joining France and Britain, the Channel Tunnel provides a completely underground 50 km link, 37 km of which is under the sea. Bored at a maximum depth of 40 m, the cross-Channel “fixed link” consists of two 7.60 m-diameter single-track tunnels (one in each direction) and a central service tunnel (4.80 m in diameter) for maintenance, ventilation and safety. The two underground switching halls, which allow trains to transfer from one tunnel to the other, are the largest of their type in the world.

Bouygues played a key part in boring the tunnels from the French side.

The Channel Tunnel is the longest undersea tunnel ever constructed using TBMs.

Start of works: August 1986

Handover: October 1993

Total value of project: 11.5 billion euros

UNIVERSITY OF RIYADH (SAUDI ARABIA)

This turnkey university complex is one of the world’s largest. It includes 1,865 laboratories and 10,000 study rooms. In particular, it incorporates:

eight teaching buildings, fully equipped with laboratories, classrooms, accommodation and administration facilities dedicated to the various disciplines.

eight specialised buildings, including a forum, two auditoriums, a library, two administrative and academic buildings, an audiovisual centre, two amphitheatres and a restaurant

The buildings are interlinked by 1.5 km of pedestrian walkways, 20 metres wide. With open sides giving onto the surrounding area, they are roofed with monumental arcades.

Start of works: July 1981

Handover: December 1984

Total value of project: 2.6 billion euros

Architecture: HOK

+

For information on more of the Group’s past projects,

visit our website: http://www.bouygues-

construction.com/19i/groupe/realisations.html

Corporate presentation - Updated September 2011 42

X- Bouygues Construction entities

1/ Bouygues Bâtiment Ile-de-France Sales 2010: 1,943 million euros Orders 2010: 1,717 million euros Workforce: 5,300 The Paris region market leader in the construction sector, Bouygues Bâtiment Ile-de-France provides its customers with a comprehensive offering through the specialities of its operating units and subsidiaries: Rénovation Privée, Construction Privée, Habitat Résidentiel, Ouvrages Publics, Habitat Social and Brézillon (industrial civil engineering, environment and rehabilitation). Sodéarif and Élan, specialist property development and project management companies, round out the subsidiary’s offering. Several flagship projects were handed over in 2010, including the Shangri-La and Royal Monceau hotels in Paris, the renovation of Jussieu University in Paris, and Australia, the newly constructed corporate headquarters of ETDE, which has been awarded the BBC-Effinergie

® label.

Several noteworthy contracts were signed during the course of the year, including the refurbishment of the Vincennes Zoo, the construction of a hotel school for the Paris region in Guyancourt, two massive renovation projects for a celebrated Paris mansion (the Hôtel Lambert) and Haussmann-era office buildings on the Champs-Elysées and the construction of the Palatis, an office complex in Montrouge, sold by Sodéarif on behalf of CNP Assurances.

2/ Bouygues Entreprises France-Europe Sales 2010: 2,496 million euros Orders 2010: 2,600 million euros Workforce: 7,500 Bouygues Entreprises France-Europe is a structure composed of Bouygues Construction subsidiaries established in the French provinces and the rest of Western Europe: Norpac, Bouygues Belgium, Pertuy Construction, Losinger, Marazzi, GFC Construction, Acieroïd, DV Construction, GTB Construction, Quille, Bouygues UK and Warings. These companies operate in both construction and civil works, and take charge of projects from the design and finance stage through to completion. Property development projects are handled by subsidiaries in the Cirmad network. Anxious to provide its customers with the skills and efficiency they require, Bouygues Entreprises France-Europe has a policy of decompartmentalisation and synergy. As a result, it has grouped its material resources into a single department and set up a common purchasing structure, networks of competence specialising in hospitals, prison complexes, engineering structures etc., and a joint training centre. Two remarkable public-private partnership contracts were signed in 2010. One of these covers the renovation and design of the Stade Vélodrome in Marseille with operation and maintenance for 35 years and the development of a 100,000 m

2 eco-community surrounding it; the other relates to the financing, design

and construction of 63 works and maintenance centres for France’s interdepartmental roads authorities, associated with a 30-year maintenance contract.

Corporate presentation - Updated September 2011 43

3/ Bouygues Bâtiment International Sales 2010: 1,625 million euros Orders 2010: 2,992 million euros Workforce: 16,100 Bouygues Bâtiment International operates in some twenty countries through a network of local subsidiaries or in the context of major contracts. A specialist in complex projects, it applies its highly specialised engineering skills and expertise in putting together packages to buildings of all kinds: hotels, offices, housing, exhibition and leisure facilities, shopping malls, airports, etc. Bouygues Bâtiment International undertook two significant external growth operations in 2007:

Karmar: a leading player in the building sector in the Warsaw region of Poland (sales 2008: 107 million euros).

Warings: a British company specialising in constructing and renovating buildings in the residential, healthcare, commercial, industrial, airport and defence sectors (sales 2008: 123 million euros).

Orders booked in 2010 were boosted in particular by the QP District operation in Qatar, a huge property development project that includes nine office towers, a hotel and a shopping centre. The contract for the Singapore Sports Hub, the world’s largest public-private partnership in the sport sector, came into force. This project further illustrates the company’s commercial success: Bouygues Bâtiment International is responsible for designing and building the complex and providing facilities management for 25 years. It will include a 55,000-seat stadium, an aquatic centre and a multi-sports hall as well as shops, offices and exhibitions spaces. Among other contracts won in 2010 were the Cruise Terminal Building in Hong Kong, Phase 2 of the Tangiers Port in Morocco, the Royal Canadian Mounted Police headquarters in Vancouver, and several contracts in both Turkmenistan and Singapore, where the company’s projects systematically receive awards for their quality and environmental performance

4/ Bouygues Travaux Publics Sales 2010: 1,076 million euros Orders 2010: 1,038 million euros Workforce: 4,200 Operating both in France and on many international markets, Bouygues Travaux Publics specialises in underground works, complex civil engineering projects and engineering structures, as well as road, port and public transport infrastructure. With specialist expertise in large-scale project management and mastery of cutting-edge techniques, it focuses its development on highly technical operations with high added value. With a particularly strong presence in international operations, Bouygues Travaux Publics is supported by regional subsidiaries established in a number of countries and by multinational teams able to deploy rapidly. The company is currently committed to a strategy of diversification, developing business in the sectors of nuclear decommissioning, steel-frame construction and the renovation of engineering structures and tunnels. As one of the Hong Kong region’s leading players in underground works, one of its specialist areas, the company won one contract for an 800-metre twin-tube tunnel for the metro and another to construct 8.5 kilometres of tunnels for the high-speed Hong Kong-Shenzhen rail link.

Corporate presentation - Updated September 2011 44

5/ VSL Sales 2010: 269 million euros Orders 2010: 343 million euros Workforce: 4,000 Part of Bouygues Construction’s Specialist Civil Works division, VSL’s expertise covers the development of highly specialised pre-stressed systems for civil engineering structures and buildings and cable-stay systems for large bridges. It operates worldwide and holds numerous patents, enabling it to offer its customers high added-value technical expertise. Alongside these techniques, VSL is able to employ Ductal

®, an ultra-high

strength concrete which offers the benefit of lowering environmental impact by reducing the consumption of raw materials. VSL signed several substantial contracts on international markets in 2010. It positioned itself successfully on dynamic markets in Asia and the Middle East, winning several contracts in its various fields of expertise in Hong Kong, India, China as well as Abu Dhabi, for instance. The year was also marked by the handover of the second Gateway Bridge in Australia, six months ahead of schedule.

6/ DTP Terrassement Sales 2010: 276 million euros Orders 2010: 368 million euros Workforce: 2,900 A member of Bouygues Construction’s Specialist Civil Works Division, DTP Terrassement offers a diversified range of skills applied to a wide variety of highly technical projects, from small-scale local sites to the construction of roads, motorways and high-speed rail links and opencast mining operations. With an organisation consisting of eight regional branches and centralised support functions (plant, technical, purchasing), DTP Terrassement is one of the French leaders in the earth-moving sector. It is also highly active in other countries, particularly Poland and Ukraine. Site machines are the cornerstone of an earth-moving business, and the company’s fleet of 850 site machines, 600 of which are located outside France, constitutes an asset of the first order. DTP Terrassement has acquired the capability for in-house maintenance of its site machines. In 2010, business was particularly buoyant in Africa, where the company has a long history of operating. In Equatorial Guinea, DTP Terrassement won a new contract at Malabo airport and continued with road building work in the Caracolas area and the construction of a golf course. Elsewhere, the company signed a contract to upgrade a road between Ndjolé and Médoumane in Gabon, continued with works to strengthen the RN5 in Burkina Faso and began the construction of roads between Nandeke and Mbere and between Garoua Boulai and Nandeke in eastern Cameroon. In addition, DTP Terrassement continued mining operations in Morila and Loulo in Mali, and in the context of its partnership with Randgold Resources, it signed a ten-year contract at the Tongon goldmine in Ivory Coast and a new seven-year contract at Gounkoto in Mali. In France, business focused on a variety of different types of earthworks operations: quayside protection works at the Fos 2XL container terminal near Marseille; a 7-kilometre stretch of the RCEA network upgraded to dual carriageway; a logistics hub in Criquebeuf; a noise barrier at Laxou as part of a project to widen the A31 motorway; and works on a future landfill facility in Vico, Corsica.

Corporate presentation - Updated September 2011 45

7/ Concessions division Receipts 2010: 309 million euros Workforce: 1,500 The Concessions division manages Bouygues Construction’s shareholdings in concession companies. It also contributes know-how to the start-up of new projects to be operated as concessions, enabling the Group to deliver its competences in technical design, finance, legal affairs and construction. Several of the concessions saw significant developments during the course of 2010. In South Africa, the first section of the Gautrain Rapid Rail Link (between OR Tambo international airport and Sandton) was brought into service in time for the kickoff of the FIFA World Cup. More than a million passengers were transported during its first three months in operation. In 2011, the 80-kilometre rail link will connect the airport, Johannesburg and Pretoria, and it will eventually carry 160,000 passengers per day. In Croatia, the first 28-kilometre stretch of the project to add a second carriageway to the Istria motorway (out of a total of 95 kilometres) was handed over, and works began to extend it as a two-lane for a further 10 kilometres. All the works were carried out under traffic. In the United Kingdom, the construction of the second Tyne Tunnel continued in Newcastle as the concession company, TT2, was operating the existing tunnel. In South Korea, meanwhile, the new Busan container port, which will be Bouygues Construction’s first reference in the port concession sector, entered the final phase of construction, with 90% of the civil engineering now completed. In France, works on the Reims tramway were completed, and testing of the infrastructure began prior to the commercial launch. In parallel, the concession company, Mars, continued to operate the city’s bus network.

8/ ETDE (Energy and services division) Sales 2010: 1,547 million euros Orders 2010: 2,017 millions d'euros Workforce: 12,600 ETDE is a systems and technologies integrator which operates for public- and private sector customers in the areas of energy, the service sector, industry, transport, the environment and telecoms. It offers a comprehensive range of services, including financial engineering, design, contracting, maintenance and operation in four principal business areas: utility networks; electrical, mechanical and HVAC engineering; facilities management (FM); and telecoms services and networks. In its network infrastructure business, ETDE won PPP contracts for street lighting in the towns of Thiais and Longjumeau as well as the Beaucaire Terre d’Argence community of municipalities. In these operations, the company systematically commits itself to significantly reducing the customer’s energy consumption. In the telecoms sector, ETDE was awarded two new PPP contracts to install and operate broadband networks in the Hautes Pyrénées and Finistère departments. Outside France, the company pressed ahead with major electrification contracts in Congo, Mozambique and Ethiopia. It also won a contract to install a 100-kilometre high-voltage line in the north of Gabon, and one for a fourth high-voltage line in Finland. The Facilities Management business won a 30-year contract to maintain 63 works and maintenance centres for France’s interdepartmental roads authorities, as well as the facilities management contract for the Stade Vélodrome in Marseille. It will also be responsible for facilities management at the Prime Tower in Zurich, the tallest office tower in Switzerland.

Corporate presentation - Updated September 2011 46

XI- Press contacts

CHRISTOPHE MORANGE

Vice President, Corporate Communications

Tel.: +33 1 30 60 55 05

[email protected]

HUBERT ENGELMANN

External Communications manager

Tel.: +33 1 30 60 58 68

[email protected]

FABIENNE BOULOC

Press officer

Tel : 01 30 60 28 05

[email protected]

Bouygues Construction Corporate Communications Department

1, Avenue Eugène Freyssinet

78061 Saint-Quentin-en-Yvelines cedex

France

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